A00 Aluminum Prices Drop, Secondary Market Shows Divergence Amid Sluggish Demand

Published: Feb 6, 2026 17:12

Save

[SMM Aluminum Alloy Daily Review] A00 aluminum prices dropped by 200 yuan/mt from the previous trading day to 23,140 yuan/mt, while SMM ADC12 prices edged down by 50 yuan/mt to 23,550 yuan/mt. Today, secondary aluminum market quotations showed some divergence, with some enterprises choosing to hold steady and wait, while others lowered their offers by about 100 yuan/mt. Driven by the price pullback, downstream purchasing mainly focused on restocking at lower levels, and transaction activity improved slightly compared to the previous period. Overall, downstream demand continued to contract, and fundamental support for prices weakened marginally. Before the holiday, secondary aluminum alloy prices are expected to remain in the doldrums at high levels, with the price center pulling back sligh

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Common.Time.hoursAgo

PT Bukit Asam to Supply Coal for Inalum and Antam's Bauxite Projects in West Kalimantan

[SMM Aluminum Express News] PT Bukit Asam Tbk (PTBA) will supply coal to power the bauxite downstream projects of PT Inalum and PT Antam in Mempawah, West Kalimantan, specifically the Smelter Grade Alumina Refinery (SGAR) Phase 2 and New Aluminium Smelter.

Common.Time.hoursAgo

Indonesia Regulation to Seize Idle Land in Strategic Sectors, Streamlining Process to 90 Days

[SMM Aluminum Express News] Indonesia President Prabowo Subianto has signed Government Regulation (PP) No. 48 of 2025 on the Management of Idle Land and Areas (Penertiban Kawasan dan Tanah Telantar). The regulation empowers the government to seize non-productive land deliberately left idle by rights holders or permit owners. It targets strategic sectors including mining, plantations, industry, tourism, and housing. Affected land types: HGU (Business Use Rights), HGB (Building Use Rights), Hak Pakai (Use Rights), and HPL (Management Rights). Key change: The process, previously taking up to 587 days, is now shortened to 90 days per President Prabowo's directive

Common.Time.hoursAgo

Aluminum Ingot Inventory Buildup Pressure Rises, Aluminum Prices Mainly Under Pressure [SMM Aluminum Morning Meeting Minutes]

[SMM Aluminum Morning Meeting Minutes: Aluminum Ingot Inventory Buildup Pressure Rises, Aluminum Prices Mainly Under Pressure] In summary, amid the impact of previous macro headwinds, a large amount of capital took profits and exited the market, leading to a pullback in aluminum prices and a decrease in open interest. However, as precious metals did not show further signs of decline, aluminum prices stabilized accordingly. In the short term, aluminum prices are expected to consolidate with volatility.

Common.Time.hoursAgo